637 Palm Cir W Naples, FL 34102
Old Naples Neighborhood
4
Beds
4
Baths
2,962
Sq Ft
0.48
Acres
Highlights
- Lake View
- 0.48 Acre Lot
- Lanai
- Lake Park Elementary School Rated A
- Wood Flooring
- Screened Porch
About This Home
As of July 2022Enviable lot over 200 feet deep with western exposure located in the heart of Naples. This spectacular property offers a rare lifestyle opportunity nestled just blocks from the celebrated beaches of Naples, Florida and within a short distance to the internationally recognized cultural district of "Fifth Avenue South," and “Third Street Southâ€. If you wish to be non-constricted by the dimensions of an average Olde Naples building envelope, your opportunity is here. This highly sought after and rarely available property is one of the most unique in Naples. This charming residence, complete with detached guest house, has been updated and includes a modern kitchen with wood flooring. Home is move-in ready and a “must seeâ€!
Last Agent to Sell the Property
William Raveis Real Estate License #NAPLES-249521185 Listed on: 01/29/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,780
Year Built
- Built in 1948
Lot Details
- 0.48 Acre Lot
- Lot Dimensions: 106
- West Facing Home
- Sprinkler System
Home Design
- Flat Roof Shape
- Concrete Block With Brick
- Wood Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 2,962 Sq Ft Home
- 1-Story Property
- Fireplace
- Window Treatments
- Formal Dining Room
- Screened Porch
- Lake Views
Kitchen
- Built-In Self-Cleaning Double Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry in Garage
- Dryer
Outdoor Features
- Lanai
Utilities
- Central Heating and Cooling System
- Humidstat
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 17860960001
- Tax Block D
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Jul 7, 2022
Sold by
Jean E Sheridan Living Trust
Bought by
Amended And Restated Declartion Of Trust
Seller's Agent
Melinda Gunther
Premier Sotheby's Int'l Realty
Buyer's Agent
Victoria Harrison
Downing Frye Realty Inc.
List Price
$6,500,000
Sold Price
$7,000,000
Premium/Discount to List
$500,000
7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,946
Avg. Annual Appreciation
1.35%
Original Mortgage
$4,500,000
Outstanding Balance
$4,255,051
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,037,657
Purchase Details
Listed on
Jan 29, 2018
Closed on
May 31, 2018
Sold by
Richey Thomas L and Richey Angela D
Bought by
Sheridan Jean E
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Lori Fowler
Coldwell Banker Realty
List Price
$2,849,000
Sold Price
$2,650,000
Premium/Discount to List
-$199,000
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%
Original Mortgage
$766,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 14, 1994
Sold by
Pappageorge Christopher Bell and Charles Pappageorge S
Bought by
Richey Thomas L and Richey Angela D Robinson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Naples, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $7,000,000 | Woods Weidenmiller Michetti & | |
| Warranty Deed | $2,650,000 | Attorney | |
| Personal Reps Deed | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,500,000 | New Conventional | |
| Previous Owner | $766,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $80,000 | Credit Line Revolving | |
| Previous Owner | $208,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $7,000,000 | +7.7% | $2,468 / Sq Ft |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $6,500,000 | +145.3% | $2,292 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $2,650,000 | -7.0% | $895 / Sq Ft |
| 03/30/2018 03/30/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $2,849,000 | -- | $962 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $39,975 | $4,319,877 | $3,657,280 | $662,597 |
| 2022 | $27,580 | $2,851,102 | $0 | $0 |
| 2021 | $28,013 | $2,768,060 | $0 | $0 |
| 2020 | $27,330 | $2,729,842 | $0 | $0 |
| 2019 | $29,839 | $2,907,333 | $2,854,051 | $53,282 |
| 2018 | $27,127 | $2,685,662 | $2,515,584 | $170,078 |
| 2017 | $26,780 | $2,636,667 | $0 | $0 |
| 2016 | $26,332 | $2,582,436 | $0 | $0 |
| 2015 | $16,320 | $1,041,775 | $0 | $0 |
| 2014 | $14,665 | $940,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Melinda Gunther
Premier Sotheby's Int'l Realty
(239) 297-2155
5 in this area
94 Total Sales
-
Buyer's Agent in 2022
Victoria Harrison
Downing Frye Realty Inc.
(239) 784-1831
1 in this area
68 Total Sales
-
Seller's Agent in 2018
John Paul Prebish
William Raveis Real Estate
(239) 449-0254
28 in this area
99 Total Sales
-
Buyer's Agent in 2018
Lori Fowler
Coldwell Banker Realty
(239) 877-3800
3 in this area
88 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 218004093
APN: 17860960001
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